Brexit: bill to prevent no-deal passes Commons by one vote
April 4, 2019--Government fails to block draft law from Yvette Cooper and Sir Oliver Letwin
A cross=party group of MPs has forced through an emergency bill in less than six hours to instruct Theresa May to seek an extension to article 50 and avoid a no-deal Brexit, despite government opposition.
view more
Source: theguardian.com
HANetf and Gins Global partner again for healthcare innovation ETF
April 4, 2019--New addition to HAN-GINS suite
The new products will be available on the the London Stock Exchange, Borsa Italiana and XETRA this month and will have a TER of 0.75%.
The ETF has been launched as part of a series of thematic ETFs that provide exposure to innovative and emerging industrial and technological themes.
view more
Source: investmentweek.co.uk
Brexit chaos spurs record flows to sterling-hedged funds
April 4, 2019--Investors pour money into pound-proofed ETFs at a rate seven times that of a year ago
The UK's ongoing political turmoil over Brexit is driving investors into exchange traded funds designed to limit the impact of extreme fluctuations in the value of the British pound.
view more
Source: Financial News
New EU rules threaten to lock out US prop traders
April 4, 2019--Revisions to Mifid equivalence make opaque demands requiring "psychic abilities", warn lawyers.
Europe's new Investment Firms Regulation (IFR) risks locking out US proprietary traders with no legal presence in the region, market participants and lawyers warn.
This could drain liquidity from European futures exchanges, and there could also be costly implications for UK-based firms if Brexit sees the UK leave the single market.
view more
Source: risk.net
Commerzbank shares rise on report UniCredit plans to make a rival bid if Deutsche talks fail
April 4, 2019--A report says UniCredit is prepared to make a multibillion-euro offer for a sizable stake in Commerzbank.
Commerzbank would reportedly be merged with German Unicredit subsidiary HypoVereinsbank.
Commerzbank shares rose following a report that UniCredit stands ready to make a rival bid for the bank if merger talks with fellow German lender Deutsche Bank fail.
view more
Source: CNBC.com
Italy reportedly to slash growth forecast to 0.1%
April 4, 2019--The Italian Treasury is set to slash its growth forecast for this year and raise its projected budget deficit, according to two senior officials with knowledge of the draft outlook.
The economy will expand by just 0.1 percent this year, according to the draft, which is due for cabinet approval by April 10, the officials said. The government's previous forecast was for a 1 percent expansion and the new prediction is in line with Bloomberg’s latest survey of economists.
view more
Source: Bloomberg
EU Forms Blockchain Group to Streamline the Industry
April 4, 2019--In a bid to promote blockchain adaptation,the European Union (EU) has launched the International Association of Trusted Blockchain Applications (INATBA).
The aim of the association is to bring together "industry, startups and SMEs, policy makers, international organizations, regulators, civil society and standard-setting bodies to support blockchain and distributed ledger technology (DLT) to be mainstreamed and scaled-up across multiple sectors."
view more
The group includes tech giants, banks, and blockchain startups.
Source: financemagnates.com
UK official holdings of international reserves: March 2019
April 3, 2019--This release details movements in the international reserves of gold and assets held by the UK government.
view
Source: gov.uk
Tabula expands range with global credit volatility premium ETF
April 3, 2019--Plans further products
Tabula Investment Management has launched the Tabula J.P. Morgan Global Credit Volatility Premium Index UCITS ETF on the London Stock Exchange at an ongoing charge of 0.50%.
The new product will offer investors a way to capture the difference between realised and implied volatility in the credit default swap (CDS) index options markets.
The ETF replicates the returns of the J.P. Morgan Global Credit Volatility Premium index, which sells options on the iTraxx Crossover and CDX HY indices (comprised of 75 European and 100 North American names respectively), while also applying a daily hedge to the credit spread exposure.
view more
Source: investmentweek.co.uk
European investors complain over soaring cost of data
March 3, 2019--Funds say exchanges are jacking up fees to offset weaker revenues from trading
European stock exchanges are locked in battle against some of their biggest customers, trying to fend off accusations that they are overcharging for the basic ingredient to every trade: market data.
In recent months disenchanted brokers, fund managers and electronic market makers have become more vocal in their displeasure over the rising costs to receive core information, such as the prices offered and paid for a particular stock, and the sizes and volumes of trades.
| November 17, 2025 China economic database update |